If you want to ensure your customers receive their orders fast, preserve cash, ensure new product planning success, optimize marketing strategies with big data & predictive business analytics, lower inventory, improve supply chain efficiency, it is crucial that you improve your company's S&OP, demand planning, and forecasting process. We all know in forecasting that we strive for better accuracy. IBF's training program will teach you how to be more right than wrong and better plan the business.

During the training, IBF's senior educators will use their wealth of real-world experience to provide valuable knowledge for empowering employees, uniting departments, and gaining consensus. It is geared towards every industry, at all levels of experience.

Plus, if you're looking to educate your sales, marketing, finance, supply chain, and demand planning teams on the fundamentals of forecasting & planning, then this program is for you. Furthermore, IBF's Online training program is especially geared for those with limited budgets and time constraints for travel.

Advantages of IBF’s Online Training:

• Benchmarks & Best Practices: Get access to valuable benchmarking data, as well as best practices that successful companies are using to win in today's challenging marketplace. Identify the gaps in regards to your people, processes, technology and learn what action plans are required to correct them.

• Save Money & Unlock the Power of your ERP / Demand Planning Solution: Learn to leverage the power of your ERP for improved demand planning & forecasting. Most companies only utilize a small percentage of their system's capabilities.

• Certification Preparation: If you're registered to take IBF's Certified Professional Forecaster (CPF) exams, this training program is a great way to prepare.

Furthermore, our focus on Sales & Operations Planning (S&OP) and the role of Demand Management will help you and your colleagues learn pitfalls to avoid during a process implementation that can immediately pay dividends and keep your company on the right path to success.

IBF's training program is a comprehensive curriculum that is based on over 30 years of research and working with the forecasting/demand planning community. And at the same time it is continuously reviewed to ensure it matches the needs of businesses and professionals today.

The Institute of Business Forecasting & Planning – IBF is a membership organization recognized worldwide as the premier full-service provider of demand planning, forecasting, business analytics, S&OP education, benchmarking research, training, certification, world-class conferences, and advisory services. Since 1981, the IBF has been helping businesses improve their forecasting and planning performance in an effort to enhance growth, optimize supply chains, and improve their bottom line. It has been said that no other organization on the globe has as much depth in its educational content for Demand Planning & Forecasting as IBF.

Having some of the world’s most well known global companies as its members, the IBF is constantly finding and disseminating better ways to manage demand, improve organizational efficiency, and company performance. By becoming an IBF member, you can ensure that you stay current with proven best practices, link with global professionals facing similar challenges, ascend in your career, and bring your organization to best-in-class levels in performance. The IBF is a pioneer in developing a Demand Planning, Forecasting, and S&OP Certification program that can help boost your credentials, as well as, give management greater confidence in its people. The IBF is known for two levels of certification: Certified Professional Forecaster (CPF®) and Advanced Certified Professional Forecaster (ACPF®).

Online Training Schedule

#1 Fundamentals of Demand Planning

Sep 18, 2019

#2 Forecasting Analytics

Sep 20, 2019

#3 Collaboration & New Product Planning

Sep 27, 2019

#4 S&OP - Sales & Operations Planning

Oct 3, 2019

#5 CPF Prep/ Review

Oct 4, 2019

Fundamentals of Demand Planning & Forecasting: 1-Day Workshop

September 18, 2019 | 10:00am–4:00pm EST

IBF Re-Certification - 3 Points

Section 1: Fundamentals of Demand Planning.

Demand Planning & Forecasting is both an art and a science. It requires informed judgment, business expertise, and technical skills. Done well, it can provide a true competitive edge and increased sales, while managing inventory and maintaining best-in-class customer service. Forecasting depends on both a structured process and modeling. Both are equally important. In this workshop, we will describe not only the fundamentals of forecasting and planning, but also why the forecasting process is important and what role it plays in demand planning.

Key Learnings:

What you need to know about demand planning & forecasting

Why we need forecasts and what role do they play in the supply chain

How to effectively create and launch an effective demand planning process

The ingredients of an effective forecasting process why we need it

Why is it important to have a consensus forecasting process in place

Why is it important to have a single number forecast and plan

What contributes to bull whip effect and how to avoid it

Why unconstrained demand is important in demand planning

Section 2: Demand Planning & Demand Management.

Both demand management and demand planning call for managing the demand, that is, what to do if demand is greater than supply or if supply is greater than demand? It's in the best of interest of a company to balance supply with demand. This requires demand sensing (reading and interpreting the signals of the market) and demand shaping (shaping the demand to optimize sales and profit). For effective demand planning, we have to set some business rules, that is, how to deal with different issues that might arise. For example, how to deal with products that are highly volatile, how to allocate products among different customers when there is a shortage, what criteria to use for pruning products, and so on. Also, we need to regularly review such things as forecast performance, customer service, and inventory levels, which will also be addressed in this workshop.

Key Learnings:

How to sense and shape the demand

What business rules need to be established for effective demand planning

What are the success factors and impediments to demand planning

How to deal with products that are highly volatile

What demand planners should review every month and why

How to interface demand planning to the S&OP Process

How to interface the S&OP to New Product planning and Long-Term Business Plans

Presented By:

Mark Lawless

Institute of Business Forecasting & PlanningSenior Consultant

Pricing

Non-member

IBF Members

Single Day

Full course

(4 days)

Full course + CPF Review

(5 days)

Full Course + CPF Review & EXAMS (incl. Book)

(5 days)

Membership + Full Course + CPF Review & EXAMS (incl. Book)

(5 days)

$349

$299

$1,199

$1,099

$1,399

$1,299

$2,749

$2,499

$2,749

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Put the IBF to Work for You!

Become an IBF Member and Start Improving Your Forecasting & Planning Performance Today.

The IBF Advantage:

IBF members include well-known company professionals that span a broad array of business sectors. By joining our organization, you can make certain that your company sets up the right forecasting & planning process and uses the best techniques available. Moreover, you can be sure that your forecasting and demand planning staff has the proper knowledge and skill set for success.

As an IBF member you receive:

A subscription to the Journal of Business Forecasting, which is primarily written by and geared toward practitioners.

Our Research Reports which include valuable benchmarking information and provide you with eye opening information on various topics in Business Forecasting and Planning.

Special discounts on our Conferences, Workshops, Training Seminars, Certification Program, as well as on any new products and services we will offer in the future.